Section : Co-assurance
Co-assurance: Multiple insurers providing risk coverage together on one policy. For this, Team RealXS has a number of forms of cooperation to offer. For Exchange policies, For insurers who each take care of one aspect of an insurance package. For Authorised Agents working on the basis of a fixed pool allocation. For intermediaries who have come up with their own product.
Co-assurance is applied outside the Insurance Exchange by specialised intermediaries.
Co-assurance on the Bourse market place
Co-assurance at the Bourse is usually applied exclusively by RMiA registered brokers.
Pool allocations by Underwriting Agents
Software from RealXS features a register in which Authorised Agents can record their pool allocations annually.
If there is a Special Limit, Real Access offers the option to settle the premium separately.
Co-assurance through Layers
If there is a need to cover large interests through Layers, RealXS Software offers the option to settle the premium per Layer separately.
If an insurer decides to extend an insurance package to include a component covered at a specialised insurer, RealXS provides adequate separation of premium and claim bookings.
Intermediaries & Pool divisions
RealXS software is equipped with a register in which Insurance Brokers can register the Pool distributions of Underwriters.